Investment insights from Capital Group
Stocks have trended higher regardless of which party has been in office
Sources: Capital Group, Morningstar, Standard & Poor’s. As of 31 December, 2023. Dates of party control are based on inauguration dates. Values are based on total returns in USD. Shown on a logarithmic scale. Past results are not predictive of results in future periods.
Markets often bounce back after the volatility of primary season
Sources: Capital Group, RIMES, Standard & Poor’s. Includes all daily price returns from 1 January, 1932–31 December, 2023. Non-election years exclude all years with either a presidential or midterm election. Past results are not predictive of results in future periods.
Investors have tended to be more cautious leading up to elections
Sources: Capital Group, Morningstar. Values based on USD. Equity funds include US and global ex-US equity funds.
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